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The Economic Times

Top News / The Economic Times

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US, Iran hold fire for second day as ceasefire talks gain momentum

The United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire agreement after nearly two weeks of escalating hostilities. The pause has raised cautious hopes for de-escalation, with Oman-led diplomacy focusing on restoring confidence and addressing disputes over navigation through the Strait of Hormuz. However, major sticking points, including Iran's nuclear programme, remain unresolved, while shipping traffic through the strategic waterway remains subdued amid lingering regional tensions.

27 Jul 2026 6:16 am